diff --git a/lib/ansible/modules/cloud/kubevirt/kubevirt_preset.py b/lib/ansible/modules/cloud/kubevirt/kubevirt_preset.py
new file mode 100644
index 0000000000..3fe3543a22
--- /dev/null
+++ b/lib/ansible/modules/cloud/kubevirt/kubevirt_preset.py
@@ -0,0 +1,157 @@
+#!/usr/bin/python
+# -*- coding: utf-8 -*-
+
+# Copyright: (c) 2019, Ansible Project
+# GNU General Public License v3.0+ (see COPYING or https://www.gnu.org/licenses/gpl-3.0.txt)
+
+from __future__ import absolute_import, division, print_function
+
+__metaclass__ = type
+
+ANSIBLE_METADATA = {'metadata_version': '1.1',
+                    'status': ['preview'],
+                    'supported_by': 'community'}
+
+DOCUMENTATION = '''
+---
+module: kubevirt_preset
+
+short_description: Manage KubeVirt virtual machine presets
+
+description:
+    - Use Openshift Python SDK to manage the state of KubeVirt virtual machine presets.
+
+version_added: "2.8"
+
+author: KubeVirt Team (@kubevirt)
+
+options:
+    state:
+        description:
+            - Create or delete virtual machine presets.
+        default: "present"
+        choices:
+            - present
+            - absent
+        type: str
+    name:
+        description:
+            - Name of the virtual machine preset.
+        required: true
+        type: str
+    namespace:
+        description:
+            - Namespace where the virtual machine preset exists.
+        required: true
+        type: str
+    selector:
+        description:
+            - "Selector is a label query over a set of virtual machine preset."
+        type: dict
+
+extends_documentation_fragment:
+  - k8s_auth_options
+  - k8s_resource_options
+  - kubevirt_vm_options
+  - kubevirt_common_options
+
+requirements:
+  - python >= 2.7
+  - openshift >= 0.8.2
+'''
+
+EXAMPLES = '''
+- name: Create virtual machine preset 'vmi-preset-small'
+  kubevirt_preset:
+      state: present
+      name: vmi-preset-small
+      namespace: vms
+      memory: 64M
+      selector:
+        matchLabels:
+            kubevirt.io/vmPreset: vmi-preset-small
+
+- name: Remove virtual machine preset 'vmi-preset-small'
+  kubevirt_preset:
+      state: absent
+      name: vmi-preset-small
+      namespace: vms
+'''
+
+RETURN = '''
+kubevirt_preset:
+  description:
+    - The virtual machine preset managed by the user.
+    - "This dictionary contains all values returned by the KubeVirt API all options
+       are described here U(https://kubevirt.io/api-reference/master/definitions.html#_v1_virtualmachineinstancepreset)"
+  returned: success
+  type: complex
+  contains: {}
+'''
+
+import copy
+import traceback
+
+
+from ansible.module_utils.k8s.common import AUTH_ARG_SPEC, COMMON_ARG_SPEC
+
+from ansible.module_utils.kubevirt import (
+    virtdict,
+    KubeVirtRawModule,
+    VM_COMMON_ARG_SPEC
+)
+
+
+KIND = 'VirtualMachineInstancePreset'
+VMP_ARG_SPEC = {
+    'selector': {'type': 'dict'},
+}
+
+
+class KubeVirtVMPreset(KubeVirtRawModule):
+
+    @property
+    def argspec(self):
+        """ argspec property builder """
+        argument_spec = copy.deepcopy(COMMON_ARG_SPEC)
+        argument_spec.update(copy.deepcopy(AUTH_ARG_SPEC))
+        argument_spec.update(VM_COMMON_ARG_SPEC)
+        argument_spec.update(VMP_ARG_SPEC)
+        return argument_spec
+
+    def execute_module(self):
+        # Parse parameters specific for this module:
+        definition = virtdict()
+        selector = self.params.get('selector')
+
+        if selector:
+            definition['spec']['selector'] = selector
+
+        # FIXME: Devices must be set, but we don't yet support any
+        # attributes there, remove when we do:
+        definition['spec']['domain']['devices'] = dict()
+
+        # Execute the CURD of VM:
+        dummy, definition = self.construct_vm_definition(KIND, definition, definition)
+        result_crud = self.execute_crud(KIND, definition)
+        changed = result_crud['changed']
+        result = result_crud.pop('result')
+
+        # Return from the module:
+        self.exit_json(**{
+            'changed': changed,
+            'kubevirt_preset': result,
+            'result': result_crud,
+        })
+
+
+def main():
+    module = KubeVirtVMPreset()
+    try:
+        module.execute_module()
+    except Exception as e:
+        module.fail_json(msg=str(e), exception=traceback.format_exc())
+
+
+if __name__ == '__main__':
+    main()